Russian economy attracts $1 BILLION in foreign investments in 2020

Russian bond sales

Since the beginning of the year, Russian bond sales have raised more than $1 billion from foreign investors, Kommersant daily reported, citing reports by Bank of America and BCS Global Markets.

According to the reports based on Emerging Portfolio Fund Research (EPFR) data, four Russian issuers have already placed $1.6 billion worth of Eurobonds in 2020. The Finance Ministry has placed 145 billion rubles ($2.3 billion) worth of ruble-denominated OFZ federal bonds.

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